The Daily Workshop
Report
by Robert Sheard
(TMF Sheard)
LEXINGTON, KY. (Oct. 2, 1997)
Scroll to the bottom for year-to-date Growth and Value Screen results.
I spend almost all of my time in these Workshop columns focusing on potential winners. Every once in a while, though, a switch is in order. Today, then, let's put the ugly glasses on and look at 1997's big losers. If you're a short seller, perhaps you can gloat about making money on these stocks. If not, condolences.
Here are the 25 American stocks in Value Line's database of 1490 issues with the worst year-to-date percentage performances (as of 9/24). Recognize any names?
-69% Informix Corp. (IFMXE)
-60% Boston Chicken (BOST)
-60% PictureTel Corp. (PCTL)
-58% IDEXX Labs. (IDXX)
-54% PETsMART Inc. (PETM)
-51% Fred Meyer (FMY)
-44% IKON Office Solution (IKN)
-43% Cephalon Inc. (CEPH)
-42% Gen'l DataComm (GDC)
-42% APS Holding 'A' (APSI)
-41% Ascend Communic. (ASND)
-41% Scholastic Corp. (SCHL)
-41% Pegasus Gold (PGU)
-40% Just For Feet (FEET)
-40% Checkpoint Systems (CKP)
-37% Health Mgmt. Systems (HMSY)
-33% Shoney's Inc. (SHN)
-33% Coachmen Ind. (COA)
-32% National Auto Credit (NAK)
-32% ADVANTA Corp. 'A' (ADVNA)
-30% Netscape Communic. (NSCP)
-29% Harland (John H.) (JH)
-28% 3Com Corp. (COMS)
-28% Columbia/HCA Healthcare (COL)
-28% JLG Industries (JLG)
Ack, I couldn't do it. I'm too much a "half-full" kind of guy to make a whole column out of bad news. Here, then, are the top winners for the year. Let's hope if you have any on the first list, you have at least one on the second.
268% Dell Computer (DELL)
207% Immunex Corp. (IMNX)
190% Quantum Corp. (QNTM)
187% Kulicke & Soffa (KLIC)
186% Navistar Int'l (NAV)
185% Dynamics Cp. of Amer. (DYA)
184% Michaels Stores (MIKE)
172% Caliber System (CBB)
172% Applied Materials (AMAT)
169% Unitrode Corp. (UTR)
163% Arkansas Best (ABFS)
152% Compaq Computer (CPQ)
149% Advest Group (ADV)
147% Airborne Freight (ABF)
136% ICN Pharmaceuticals (ICN)
127% Yellow Corp. (YELL)
126% Tele-Communic. 'A' (TCOMA)
125% America Online (AOL)
122% Best Buy Co. (BBY)
120% Novellus Sys. (NVLS)
117% Nextel Communic. 'A' (NXTL)
117% Filene's Basement (BSMT)
117% Teradyne Inc. (TER)
115% CTS Corp. (CTS)
115% Fieldcrest Cannon (FLD)
Monthly Growth Screens (Jan. 3 to present) 91.75% Relative Strength 41.16% Investing for Growth 33.01% EPS Plus RS 28.41% S&P 500 Index 26.36% YPEG Potential 23.95% Low Price/Sales 23.19% Unemotional Growth 22.99% Formula 90 Annual Value Screens (Jan. 1 to present) 25.83% Dogs of the Dow 24.91% Beating the S&P 24.50% Dow Combo 24.49% Dow Jones Ind Avg 23.59% Unemotional Value 23.59% Beating the Dow 17.37% Foolish Four